Wednesday, March 30, 2016

Shell is considering selling in the North Sea – Petro.no

Royal Dutch Shell plans to bring in US $ 30 billion in asset sales to offset outlays for the acquisition of BG Group. The company confirms to the Financial Times, according DN.no.

– A review of all assets, including those in the North Sea, are on the way as part of our commitment to sell assets for $ 30 billion, says an spokesman for the company, according to the newspaper.

Shell bought BG Group in April last year, and the acquisition was completed in mid-February this year.

Read more: Shell bought BG Group for nOK 561 billion

– it is still too early to say exactly what the merger will mean for business and employees in Norway in the long term, but what is certain is that the combination of Shell and BG will strengthen our global leadership position in exploration in new, remote and challenging areas, said Managing Director of A / S Norwegian Shell, Tor Arnesen, in connection with the completion of the acquisition.

Read more: Shell and BG is one company

 
 
         
 
         


             
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